Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) Short Interest Down 91.7% in January

Tel-Instrument Electronics Corp. (OTCMKTS:TIKK) was the target of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 100 shares, a decrease of 91.7% from the December 31st total of 1,200 shares. Based on an average daily volume of 800 shares, the days-to-cover ratio is currently 0.1 days.

Tel-Instrument Electronics Stock Performance

Shares of OTCMKTS TIKK traded up $0.05 during trading on Wednesday, reaching $2.94. The company had a trading volume of 3,466 shares, compared to its average volume of 3,790. Tel-Instrument Electronics has a twelve month low of $1.60 and a twelve month high of $3.37. The stock has a 50-day moving average price of $2.92 and a two-hundred day moving average price of $2.69.

About Tel-Instrument Electronics

Tel-Instrument Electronics Corp. engages in designing, manufacturing, and sales of avionics test and measurement instruments for the commercial air transport, general aviation, and government/military aerospace and defense markets in the United States and internationally. It operates through two segments, Avionics Government and Avionics Commercial.